Calculate the basis of machine-hours


Carter Corporation applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $135,850. Actual manufacturing overhead for the year amounted to $145,000 and actual machine-hours were 5,660. The company's predetermined overhead rate for the year was $24.70 per machine-hour.

The applied manufacturing overhead for the year was closest to?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculate the basis of machine-hours
Reference No:- TGS0558579

Expected delivery within 24 Hours